The INFORMS Analytics+ Conference showcased how companies are turning advanced analytics and AI into measurable operational results
Fake Hermès Birkin bags and other counterfeit luxury goods are popular not only with people on a budget, but also with those with deeper pockets, a new study suggests.
Researchers from the National University of Singapore analyzed millions of counterfeit purchases by American consumers from more than 24,000 U.S. zip codes on a major cross-border, e-commerce platform. They found that both lower- and higher-income individuals are “significantly more likely” to buy fake luxury items than middle-income consumers, according to a press release by INFORMS on Monday.
'Ghost ships' are vessels that disappear from public tracking systems, their location manipulated or their digital record misleading. An estimated 65% of outbound tankers crossing the Strait of Hormuz operate in dark mode, reducing visibility and increasing supply chain uncertainty. Misinformation in vessel tracking can cause manufacturing delays, compliance risks and financial losses. Layered verification processes, combining AIS data with other sources and escalation triggers for handling uncertain shipments, can help mitigate risk.
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After Kamala Harris made history as vice-president elect of the United States, Colin asks if these historic breakthrough moments translate to real progress. Just weeks on from the campaign, Colin also looks at all the latest developments and discusses the influence of social media on the result of Election 2020.
As COVID-19 cases, hospitalizations and deaths surge, experts see no sign of the increases slowing down unless there are some major changes. “It took about seven and a half months or so get to the first 100,000 cases in Wisconsin,” said Ajay Sethi, assistant professor in the Department of Population Health Sciences at the University of Wisconsin-Madison. “It took about 36 days only to get the next 100,000 cases. We’re on track to getting the next 100,000 cases 20 days later.”
Managers, not lower-level employees, are seeing their ranks diminished with the onset of artificial intelligence and robots, a new study out of the University of Pennsylvania Wharton School finds. That’s because as AI and robotics expands within a business, managers can oversee a wider breadth of operations.
Near the back of a Corning Inc. glassmaking plant here, a robot picked up a cage packed with hundreds of tiny vials and plunged it into a salt bath bubbling at more than 500 degrees Fahrenheit. The hot soak for several hours is a key step in fortifying the glass vials from cracks, flakes and breaks that could thwart global efforts to stop the coronavirus.
Near the back of a Corning Inc. glassmaking plant here, a robot picked up a cage packed with hundreds of tiny vials and plunged it into a salt bath bubbling at more than 500 degrees Fahrenheit. The hot soak for several hours is a key step in fortifying the glass vials from cracks, flakes and breaks that could thwart global efforts to stop the coronavirus. Drugmakers and health authorities are counting on Corning’s new medical glass container, named Valor, to protect Covid-19 vaccines better than conventional ones, especially during initial months when supplies will be limited and little can afford to be lost.
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